Elda River Capital Management Completes Successful Spin-Out and Launch of Independent Real Assets Investment Firm

HOUSTON--(BUSINESS WIRE)--Elda River Capital Management, LLC (“Elda River”) announced today its launch as an independent real assets-focused investment firm. Elda River launched with approximately $1.5 billion in assets under management in a spin-out from Magnetar and has offices in Houston, Texas; Evanston, Illinois; and London, United Kingdom. Elda River is led by co-Managing Partners Eric Scheyer and Adam Daley, former partners at Magnetar and co-heads of Magnetar’s Energy & Infrastructu